Kraft Heinz is planning to expand its cream cheese manufacturing facility in Lowville, which will see 100 new employees being hired over the next five years. Currently, the Lowville plant, which makes Philadelphia brand cream cheese, ...
Tags: Kraft Heinz, Cream Cheese
Osram continued to show a good profit performance in the third quarter of fiscal 2015. EBITA1 excluding special items rose 24% from a year earlier to EUR 129 million (US$ 142.51 million) , translating into a margin of 9.5%. The development ...
Tags: Osram, smart lighting, LED lighting
Taiwanese copper and electronic cable manufacturer Walsin Lihwa (Walsin) board has decided to sell its LED subsidiary Xian Walsin Technology in China’s assets for RMB 166 million (US $26.72 million) to Shangxi Electronic Information ...
Tags: LED business, Walsin, LED market
A small Chinese LED manufacturer Zhongshan Sover Lighting Company (Sover) patent infringement plaintiff filed against four leading industry players in China has been compared to as the battle between an ant and the elephant. Many company ...
NASA at the Kennedy Space Center has entered into a partnership with Light Visually Transceiving (LVX) System Corp. to collaborate in developing a potentially ground-breaking technology in electronic communications. Similar to high-speed ...
Tags: NASA, LVX Systems, light-emitting diodes
Opple Lighting, which is in the process of applying IPOs in China, has seen its revenues reach RMB 3.9 billion (US $630 million) in 2014, according to a report by Chinese-language media The Time Weekly. The lighting industry is entering a ...
Tags: Opple Lighting, OEM models, LED lighting
Orion Energy Systems, a leading designer and manufacturer of high-performance, energy-efficient lighting platforms, today announced financial results for its fiscal 2016 first quarter ended June 30, 2015, highlighted by strong LED sales and ...
Tags: Orion Energy Systems, energy-efficient lighting, LED lighting
Cree and Epistar announced on Aug. 4, 2015, the two companies signed a global LED patent cross license agreement. The move signals large LED manufacturers strategy of maintaining market positions through patent advantages, said LEDinside ...
Tags: CREE, LED lighting, LED patent
Chinese LED manufacturer Mason Technologies intends to acquire OML Technology for RMB 30 million (US $4.8 million). According to Mason Technologies, about RMB 28.2 million will be used to increase capital, while RMB 27.1 million will be ...
Tags: Mason Technologies, OML Technology, lighting
Aucksun’s financial statement for first half of 2015 revealed, the company’s revenue rose 9.73% from a year earlier in 2Q15 to RMB 732 million (US$ 126 million), with RMB 137 million net profit, translating into 31.27% ...
Tags: Aucksun, LED lighting, LED chips
Rubicon Technology (Rubicon), a leading provider of sapphire substrates and products to the LED, semiconductor, and optical industries, today reported financial results for its second quarter ended June 30, 2015 and announced the signing of ...
German lighting giant Osram announced it will be spinning off its general lighting business including general LED lighting into an independent company. Osram Lamp According to the company statement: “This business includes the ...
Tags: Osram, LED lighting, general lighting
Australia’s transport ministers have decided to overtax the truck and bus industries by $515 million over the next two years, the CEO of the Australian Trucking Association Christopher Melham said today. The ministers made the ...
Tags: Road Transport, heavy vehicle
Nestlé Lanka, a leading nutrition, health and wellness company in Sri Lanka, posted revenue of LKR 27.1 billion for the nine months period ending 30 September 2015 recording a growth of 8.6% vs previous year. The company reported a ...
Tags: Nestle Lanka, Dairy, milks
Kyocera Corporation and Kyocera Solar, Inc. announced today that Kyocera is completing Brazil’s largest highway solar-lighting project on the Arco Metropolitano do Rio de Janeiro, a highway project connecting the five main highways ...
Tags: Kyocera, LED Lighting, solar lighting